Tanzania: Kibo Mining has signed a memorandum of understanding with Mbeya Cement, a subsidiary of LafargeHolcim, to collaborate regionally and to share materials in the Mbeya and Songwe regions. The agreement includes arrangements to supply coal, limestone, fly ash, electricity and cement between the parties. It also includes plans to bring together local development bodies to develop the region.
Kibo Mining operates a thermal coal deposit at Mbeya and it is developing a 250 – 350MW coal power plant at the site with the help of Chinese contractors.